2011-11-14T18:00:57-06:00 2010-12-31 VAVRINEKTRINEDAY & CO LLP 8270 ASPEN STREET RANCHO CUCAMONGA CA 91730 990 2010-01-01 951660585 LOS ANGELES COUNTY FAIR ASSOCIATION LOSA 9098654203 1101 W MCKINLEY AVE POMONA CA 91768 MICHAEL SEDER 9098654203 2011-11-10 1 HEIDI E WHITE 9094664410 2010 2016-03-07 17:11:31Z MICHAEL SEDER 1101 W MCKINLEY AVE POMONA CA 91768 58919187 0 X WWW.LACOUNTYFAIR.COM X 1922 CA THE ASSOCIATION CONDUCTS THE ANNUAL LOS ANGELES COUNTY FAIR AND NUMEROUS EVENTS DURING THE YEAR WHICH ADVANCE AND PROMOTE AGRICULTURAL, HORTICULTURAL, VITICULTURAL, INDUSTRIAL, AND OTHER INTERESTS OF THE COUNTY OF LOS ANGELES AND THE STATE OF CALIFORNIA 11 11 2152 500 15992711 -1630284 7955141 3696014 27883195 25996179 -374422 92125 29196801 26600831 64660715 56385149 0 0 0 0 17072465 17989469 0 0 0 46955852 39775286 64028317 57764755 632398 -1379606 130540445 127268958 64826220 63604411 65714225 63664547 THE LOS ANGELES COUNTY FAIR ENRICHES LIVES BY ENTERTAINING AND EDUCATING OUR DIVERSE COMMUNITY WHILE CREATING UNIQUE AND MEMORABLE EXPERIENCES. 0 0 YEAR-ROUND FAIR-TYPE EVENTS: LACFA RENTS ITS FACILITIES TO VARIOUS OUTSIDE PROMOTERS OF EVENTS WHICH INCLUDE EQUINE, HOME, CRAFT, ELECTRONIC, AND OTHER SHOWS. MORE THAN 1.6 MILLION GUESTS ATTENDED YEAR ROUND EVENTS HELD ON THESE GROUNDS IN 2010. LOS ANGELES COUNTY FAIR: THE LOS ANGELES COUNTY FAIR IS ONE THE LARGEST COUNTY FAIRS IN THE UNITED STATES. ITS PURPOSE IS TO ADVANCE AND PROMOTE THE AGRICULTURAL, HORTICULTURAL,INDUSTRIAL AND OTHER INTERESTS OF THE LOS ANGELES COUNTY THROUGH THE EXHIBITION OF LIVESTOCK, POULTRY, DAIRY PRODUCTS, HOUSEHOLD AND FINE ARTS, AND SCHOOL AND EDUCATIONAL EXHIBITS. 1,491,123 PEOPLE ATTENDED THE 2010 LOS ANGELES COUNTY FAIR 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 953 1190 1 2152 1 1 1 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MICHAEL D SEDER 9098654203 1101 W MCKINLEY AVE POMONA CA 91786 RICHARD CREAN 2.00 X X 6000 0 0 JUAN GAMBOA 2.00 X 6000 0 0 REGINALD WEBB 2.00 X X 6000 0 0 RONALD VERA 2.00 X 6000 0 0 LINDA KEAGLE 2.00 X 6000 0 0 ART LUDWICK 2.00 X 6000 0 0 JOHN SOLOMON 2.00 X 4000 0 0 ROBERT DUKES 2.00 X 6000 0 0 BERNARD BERNSTEIN 2.00 X 6000 0 0 STEPHEN MORGAN 2.00 X 6000 0 0 SUE HYLAND 2.00 X 6000 0 0 JIL STARK 2.00 X 2000 0 0 JAMES HENWOODJR 40.00 X 654252 0 45211 MICHAEL SEDER 40.00 X 282827 0 34829 DWIGHT RICHARDS 40.00 X 234229 0 38496 DALE COLEMAN 40.00 X 249520 0 41150 JEFF TUCCI 40.00 X 228478 0 36893 WILLIAM BAKER 40.00 X 133615 0 15550 MELISSA DEMONACO-TAPIA 40.00 X 136366 0 19058 WILLIAM SHACKLETT 40.00 X 121099 0 17984 SUSAN DOWLER 40.00 X 117445 0 13523 WALTER LLOYD 40.00 X 131308 0 17075 2355139 0 279769 10 0 1 0 SUMMIT BUILDERS 4010 WATSON PLAZA DR SUITE 260 LAKEWOOD CA 90712 CONTRACTOR 5513520 MIKE BUBALO CONSTRUCTION 5102 GAYHURST AVE BALDWIN PARK CA 91706 CONTRACTOR 1258917 RANKIN CONSTRUCTION CO 2976 GARONA DR HACIENDA HEIGHTS CA 91745 CONTRACTOR 512602 3 1350000 2346014 3696014 FAIR 900099 23204229 23204229 FAIR PARI-MUTUEL 711210 2791950 2791950 25996179 92125 92125 4656323 2534038 2122285 2122285 698448 1423837 HOTEL REVENUE 721110 10336884 10336884 CORNUCOPIA 722100 7954681 5910328 2044353 YEAR-ROUND PARKING 812930 2712014 655097 2056917 3474967 3040377 856109 -421519 24478546 56385149 9605802 15992711 27090622 1715306 12514943 2177907 1581313 157861 153815 3741018 2533944 661386 3642633 357622 3351579 5691482 969582 ROOM EXPENSE - HOTEL 5825783 REPAIRS & MAINTENANCE 2370140 OUTSIDE ENTERTAINMENT 2155971 FOOD & BEVERAGE - CORNU 2069361 ADMIN. & GENERAL - HOTE 1352434 4740675 57764755 35968576 25553329 2284956 2449726 307617 307429 1231700 1073420 146866326 71344994 75626697 75521332 842685 3332099 14278214 19031623 130540445 127268958 7495185 3067654 598478 494687 49145978 48972362 7586579 11069708 64826220 63604411 X 65714225 63664547 65714225 63664547 130540445 127268958 X -1379606 -670072 X 0 1 1 X 1 1 3250 1 0 0 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: PROVIDED $3,250 IN CONTRIBUTIONS TO 2 LOCALLY ELECTED CANDIDATES 368808 368808 146497518 71344994 75152524 75521332 CONSTRUCTION IN PROGRESS 17818568 OTHER ASSETS 1213055 19031623 INTEREST RATE SWAP LIABILITY 6044506 ACCRUED LIABILITY 4605435 OTHER LIABILITIES 248203 INTERCOMPANY 171564 11069708 X X X X X 0 1 0 JAMES HENWOODJR 388512 0 190400 0 75340 0 32450 0 12761 0 699463 0 549095 0 MICHAEL SEDER 197734 0 75585 0 9508 0 32450 0 2379 0 317656 0 259661 0 DWIGHT RICHARDS 165710 0 60469 0 8050 0 25052 0 13444 0 272725 0 220780 0 DALE COLEMAN 172287 0 61991 0 15242 0 32212 0 8938 0 290670 0 252352 0 JEFF TUCCI 162821 0 59342 0 6315 0 29938 0 6955 0 265371 0 200008 0 MELISSA DEMONACO-TAPIA 103356 0 26900 0 6110 0 14534 0 4524 0 155424 0 170027 0 PART I, LINE 4B CONTRIBUTIONS TO EMPLOYER SPONSORED 457B PLAN JAMES HENWOOD $5,500 MIKE SEDER $5,500 DALE COLEMAN $5,500 JEFF TUCCI $5,500 LOS ANGELES COUNTY REGIONAL FINANCING AUTHORITY 956000927 545316AA9 2010-12-16 24255000 CONSTRUCTION OF CONFERENCE CENTER THRU RECOVERY ZONE FACILITY BONDS 0 1 0 24255000 648075 5749544 17857381 2011 0 0 0 1 0 0 0 0 1 0 1 1 WELLS FARGO 30.000000000000 1 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION CONSISTS OF MEMBERS, NOT STOCKHOLDERS, AND THERE CAN BE UP TO 60 REGULAR VOTING MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ASSOCIATION ELECT THE BOARD MEMBERS PER THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN WAS PROVIDED TO AND REVIEWED BY THE FINANCE COMMITTEE. EACH BOARD MEMBER WAS GIVEN A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD DISCLOSURES ARE REVIEWED ANNUALLY BY DIRECTOR OF HUMAN RESOURCES AND COMMITTEE. WHEN A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO RECUSE HIMSELF FROM ALL DISCUSSIONS AND VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS MEETS ON AN AS NEEDED BASIS TO REVIEW COMPENSATION OF THE SENIOR MANAGEMENT STAFF. THE COMMITTEE MAKES IT A PRACTICE TO REGULARLY REVIEW COMPENSATION OF THE SENIOR EXECUTIVE TEAMS. IN THAT REGARD, THE COMMITTEE HAS ENGAGED IN VARIOUS BENCHMAKING STUDIES OF COMPENSATION OVER THE LAST SEVERAL YEARS THROUGH THE USE OF EXPERT CONSULTANTS. AS RECENTLY AS JULY 2008, THE COMMITTEE ENGAGED MERCER COMPANY TO DO A FULL REVIEW OF EXECUTIVE COMPENSATION. IN THEIR REVIEW, MERCER PERFORMED AN EXTENSIVE MARKET ANALYSIS OF BASE SALARY, CASH COMPENSATION, AND RETIREMENT BENEFITS PROVIDED TO FAIR ASSOCIATION EXECUTIVE STAFF IN COMPARISON TO THE BROAD COMPETITIVE MARKET. THE EXECUTIVE COMMITTEE REVIEWED MERCER'S FINDINGS AND RECOMMENDATIONS AND HAS IMPLEMENTED PLAN ADJUSTMENTS ACCORDING TO THESE RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE DURING NORMAL BUSINESS HOURS CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,869,669. PRIOR PERIOD ADJUSTMENTS: 1,778,078. K-1 INCOME - FAIRPLEX EQUINE SALES LLC 510,848. K-1 INCOME - BARRETTS EQUINE LTD. -89,329. TOTAL TO FORM 990, PART XI, LINE 5: -670,072. CORNUCOPIA FOODS LLC 1101 W MCKINLEY AVE POMONA CA 91768 030537127 FOOD AND BEVERAGE SALE CA 7954681 4621473 FAIRPLEX RV AND BOAT STORAGE LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164622 STORAGE FACILITY CA 135939 15500 EVENT PRODUCTION SOLUTIONS LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164467 EVENT EQUIPMENT RENTAL CA 479322 81284 MILLARD SHEETS CENTER FOR THE ARTS 1101 W MCKINLEY AVE POMONA CA 91768 954686767 ART EDUCATION CA 501(C)(3) 170(B)(1)(A)(VI) 0 THE LEARNING CENTER 1101 W MCKINLEY AVE POMONA CA 91768 954686764 EDUCATION CA 501(C)(3) 170(B)(1)(A)(VI) 0 FAIRPLEX CHILD DEVELOPMENT CENTER 1101 W MCKINLEY AVE POMONA CA 91768 954662070 CHILDCARE/EDUCATION CA 501(C)(3) 170(B)(1)(A)(VI) 0 FOUNDATIONS AT FAIRPLEX 1101 W MCKINLEY AVE POMONA CA 91768 421637932 EDUCATION CA 501(C)(3) 170(B)(1)(A)(VI) 0 BARRETTS EQUINE SALES 1101 W MCKINLEY POMONA CA 91768 330446110 HORSE AUCTION CA N/A FAIRPLEX EQUINE SALES 1101 W MCKINLEY POMONA CA 91768 020629875 HORSE SALES CA N/A FAIRPLEX ENTERPRISES 1101 W MCKINLEY POMONA CA 91768 330161150 CA C 593221 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 CORNUCOPIA FOODS A 2415278 ACTUAL AMOUNT CORNUCOPIA FOODS N 975072 ACTUAL AMOUNT CORNUCOPIA FOODS P 78788 ACTUAL AMOUNT MILLARD SHEETS CENTER FOR THE ARTS N 30544 ACTUAL AMOUNT MILLARD SHEETS CENTER FOR THE ARTS O 184000 ACTUAL AMOUNT THE LEARNING CENTERS O 291719 ACTUAL AMOUNT THE LEARNING CENTERS P 201214 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER O 88793 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER N 40000 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER P 64744 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER Q 1485 ACTUAL AMOUNT FOUNDATIONS AT FAIRPLEX O 135 ACTUAL AMOUNT FOUNDATIONS AT FAIRPLEX Q 5846 ACTUAL AMOUNT BARRETTS EQUINE SALES A 75605 ACTUAL AMOUNT BARRETTS EQUINE SALES N 629363 ACTUAL AMOUNT EPS N 122234 ACTUAL AMOUNT EPS A 83413 ACTUAL AMOUNT MILLARD SHEETS CENTER FOR THE ARTS P 118440 ACTUAL AMOUNT RV & BOAT STORAGE N 64856 ACTUAL AMOUNT RV & BOAT STORAGE A 100000 ACTUAL AMOUNT RV & BOAT STORAGE O 15315 ACTUAL AMOUNT